When approached by Uncle Jimmy with the proposition of starting and flourishing a business in a foreign country of my choosing, along with any business of my choosing, as long as it was a legal operation, right out of college! I decided on a tavern in the beautiful country of Ireland. On the aesthetical side of my chose Ireland was first on my list for the rolling hills of green grass flowing in the calm breeze, the brilliant blue waters, and of course the plenteousness of hiking and photography opportunities. On the business side I chose Ireland for my Tavern because Ireland has a fair number of pubs and taverns already meaning that my tavern could flourish because taverns are an already established and flourishing type of business. In addition, Ireland has a legal drinking age of 18, with the exception …show more content…
of 16-year olds who consume their drink with a meal, which benefits me because Ireland’s population is approximately 79 percent people who are of legal drinking age.
My tavern would be called The Lucky Charms Tavern and I would like to establish it in Carlow, Ireland because Carlow is about 52 miles from Dublin which does not put me in competition with more established Taverns but still allows me to be near where the tourists are as well as the rural and city residents. The Lucky Charms Tavern would be a blend of my American roots and the local culture. My tavern would offer local brews as well as a few import beers and alcohols, homestyle American food and local classics as well as lodging. Opportunities of Having The Lucky Charms Tavern The opportunities gained from having The Lucky Charms Tavern would be Carlow has only three hotels and that is
the only lodging in the town The Lucky Charm Tavern would provide travelers with another option as to where to stay. Carlow also is the home of the Institute of Technology Carlow which means the college aged kids in the town need a place to have good food, a little stress relieving drink with friends or visiting family. To accompany this the available resources in Ireland would greatly help The Lucky Charms tavern because as stated before 79 percent of Ireland’s population is of legal drinking age or older, 66.1 percent of the land in Ireland is devoted to agriculture which means that there are plenty of farmers that have worked from sunrise to sunset and would enjoy a night-cap to end the night. Also, Ireland’s mild winters and cool summers are a perfect atmosphere to go pub-hoping with friends or family. The Lucky Charms Tavern would help the 6.4 percent unemployment rate in Ireland because we would employ residents to be bartenders, cleaning staff, cooks, and receptionists. Granted this would not make an astronomical impact on the national unemployment rate but it would benefit the unemployment rate in Carlow which, in the long run would lower the national unemployment rate even if it is only a little. Granted the higher unemployment rate of Ireland slightly benefits me because unemployed people tend to drink more due to the psychological stresses of not having a job. The inflation rate in Ireland is 0.4 percent which is drastically low which enables The Lucky Charms Tavern to sustain business more than it would in a high inflation area. Threats of Having The Lucky Charms Tavern The external threats to The Lucky Charms Tavern are the vast competition present because of the popularity of taverns in Ireland. Due to the amount of competition if The lucky Charm does not become and established and thriving business within the first few months then the whole operation of the business will have to cease to exist. Another external threat is the possibility that I would need to get a import license, which would take a while to process through the Irelander government which would delay the time till I could open The Lucky Charms Tavern, or the tariff enforced on certain goods or goods that are imported from outside of the European union. That tariff would affect me because of the glass that the bottles that hold the liquor are made of. Another external factor that could threaten The Lucky Charms Tavern is the slight refugee problem in Ireland. Refugees could claim that they are tourists wanting a place to stay for a night or few but really, they are fleeing their own country. This is an issue because there is a potential problem that I could be shut down for being a house for refugees. This same sort of threat is present in the fact that Ireland is the transshipment point (to the United Kingdom) and consumption area of hashish, an extract of the cannabis plant that contains psychoactive resins, and is a minor transshipment point for heroin and cocaine set to go to Western Europe. These two threats are not completely detrimental to the function of Lucky Charms but does raise a slight concern since I would be looking at starting a tavern while, I will be aiming for a family friendly environment most people do assume that taverns and bars are more “rough and tumble” meaning that type of crowd could be attracted. To Conclude In conclusion when reflecting on my country and business choices I would not change a thing. The country of Ireland is pretty accommodating to new businesses. They have a low inflation rate, almost no risk of loss of business due to extreme or hazardous weather, they have a good gross domestic product (GDP), a majority of the population is of drinking age and a thriving agriculture. The only real problems or downsides are minuscule in comparison to the benefits of starting The Lucky Charms Tavern in Ireland. Some lessons I have learned throughout the journey of planning for The Lucky Charms Tavern are that to import and export goods in a country is work and its not the same for every country. A lot of countries have special rules, regulations or tariffs that effect the trade within that country. Another lesson I learned is that gross domestic product and unemployment rate matter in real life. I heard these words in economics and knew what they meant but their real-life application was not realized within my brain until I had to analyze a country for a business. The unemployment rate contributes to determining the political and economic climate of the country. With the knowledge I have know I would only accept Uncle Jimmy’s offer if I could figure out some way to bring my family with me. The opportunity cost of going only by myself is more than I could handle. I personally could not function as a healthy, sane human without the support of friends and family. Plus, missing holidays and special activities with my parents is more than I could deal with. My parents have always been my support system and having the stress of a new business on my shoulders without their advice would drive me insane. Sorry to Uncle Jimmy but my parents and I are a package deal.
Group Survey of 100 people. “Should the Legal Drinking Age Be Lowered to Eighteen?” May 25, 2000
Companies and businesses that sell alcohol have a common interest in the issue of whether the legal drinking age should be lower...
Fraunces Tavern in New York City, was originally built in 1719. By the last decade of the 17th century, New York City was rapidly growing into a leading colonial port. With its naturally protected harbor and its open, multi-ethnic population devoted to commerce, such growth was unstoppable. Before its use as a headquarters for Washington during the American Revolution, its purpose was to serve as the mansion of the Delancey’s, who were a prominent New York City family. They rented out the building to merchants for business in the 1750s. Samuel Fraunces, an upcoming French-West Indian merchant purchased 54 Pearl Street in 1762 when he registered with the City as a “freeman” and “innholder”.
The legal drinking age in the United States will always be a point of contention. No one can settle upon a drinking age that everyone is in agreement with; should it be 18 or 21? Ages 18 and 21 are the most popular options, yet neither one has 100% of the vote. With the current legal drinking age in America standing at 21, meaning that people under the age of 21 cannot purchase or consume alcoholic food or beverages, there is the question of whether or not to lower it to 18 or 19 years old. This paper will argue that the drinking age should be lowered, and examine its impact on State University.
Liquor stores, bars, and clubs all want to make money, and if they can get away with selling to underage teens, then they will. A study done by the Academic Search Premier agrees that,?By now it is obvious that the law has not succeeded in preventing the under-21 group from drinking? Michael Smith - 1st place. There are a lot of benefits to having the drinking age change to eighteen. The amount of binge drinking would lessen, and the amount of outrage to drink would also decrease.
Growing up with an alcoholic is a powerful life lesson. Individuals learn valuable skills on how to behave around immature, intoxicated drunks and what to do to prevent mishaps. Unfortunately, all incidences are not stoppable; therefore, protecting oneself from the unexpected will benefit in the long run. Alcohol can and will increase mental impairment, so if legal to consume the product, people should wisely acknowledge how much they can handle at one sitting. Here in Indiana, state executives prohibit the sale or acquisition of alcoholic beverages unless a citizen is a certain age. Many human beings follow this strictly such as my family. At social gatherings on private property, I am still unable to ingest any liquor even though I am currently eighteen about to turn nineteen on February 25, 2015. The elders believe drinking under the age limit will influence me to indulge more and increase my chances of becoming addicted. Although given a small measurement will not harm myself, experienced family members are probably
Muhlenfeld, Elisabeth. “Seeking a Drinking Age Debate.” University Business 11.10 (2008): 53-4. Academic Search Premier. Web. 3 Mar. 2010.
Many immigrants seek a better life than the one that their home country can offer. For that reason, an abundant amount of individuals choose to embark on the journey towards the land of opportunity, better known as the United States. Although migrating to the United States to gain financial security for themselves and/or their families is beneficial, life for immigrants is far from glamorous. To be more specific, most undocumented workers work in secondary labor markets, where pay is low and hours are far too long. The busboys from Chicago not only depict the extent of manual labor they perform everyday, but help the readers understand why they are eager to work hard. While the essential job functions of a busboy are to ensure that tables are
"Young People's Drinking." International Center for Alcohol Policies Meetings & News Press Releases Welcome to ICAP. 2011. Web. 22 Mar. 2011. .
Alcoholics that are trapped so deep in the spell of alcoholism are leaving a legacy behind for those who continue to make alcohol companies millions of dollars by ruining their lives, making the wrong investment every time they purchase a bottle of alcohol; to them an “alternative route” to mask any issues they might be encountering at a particular time in their lives, and to those alcohol-making companies they are walking fortunes—walking billboards. Advertisement ads for these products continue targeting not only the already alcoholics, but also targeting underage drinkers. These alcohol-making companies can argue differently and have sworn to not be so focused on targeting people under 21. “Alcohol advertisers have pledged to comply with self-regulatory codes designed to limit t...
During the last three years I have devoted a significant amount of time and energy to the betterment of young entrepreneurs, who in this country are mistreated, stripped of opportunities, and looked down upon. In my quest to start my own business, I faced many obstacles that I later found to plague all entrepreneurs in my country. Established family heads discourage their younger members from starting separate businesses; they would rather their younger members join them in the so called "safe business." Moreover, companies and government organizations will not award contracts to young people since older people earn respect for their age rather than their ideas in this traditional sub-continental culture. With an uncooperative family and no sources of funding, young entrepreneurs face little chance of success.
The debate of whether the minimum legal drinking age should be lowered or not has been around for many years even since the National Minimum Drinking Age Act of 1984 raised the MLDA to age 21. Prior to that, the government has t...
Richard believes that his vision for the company, a two-tiered concept with a top microbrewery producing fresh, quality beer and a chain of brewpubs, has potential. However, due to the more complex nature of running a restaurant, he believes that the company has yet to figure out how to run its restaurant business profitably.
To comprehend what an English bar is, it is essential to take a gander at the typical objects and curios of the atmosphere and what part do these objects play in the communal life of the English Pub. In this way one has to watch the fundamental attributes of the English Pubs and attempt to find what part these ancient rarities play and what social acts do they bolster in the social atmosphere.
From a food and beverage manager's perspective - What are the important characteristics and procedures of a food and beverage establishment in relation to its size, type, market, design, planning and organization?